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  • Biz momentum good; to aggressively open new pharmacies: Apollo Hospitals

    Apollo Hospitals is planning to aggressively open new pharmacies, said Suneeta Reddy, MD, Apollo Hospitals.

  • Aim to have close to 3000 pharmacies by end of this year: Apollo Hospital

    Aim to have close to 3000 pharmacies by end of this year: Apollo Hospital

    Apollo Hopsitals' Q3 earnings were in line with street estimates but profit was impacted due to higher depreciation and finance costs on account of new hospitals like Navi Mumbai coming on stream. In an interview with CNBC-TV18, Akhileshwaran Krishnan, CFO of Apollo Hospital spoke about the results and his outlook for the company.

  • Occupancies for hospital biz at 68%; mature hospital occupancy at 71%: Apollo Hospitals

    Occupancies for hospital biz at 68%; mature hospital occupancy at 71%: Apollo Hospitals

    Apollo Hospitals reported an over 20 percent dip in the bottomline this quarter. In an interview with CNBC-TV18, Suneeta Reddy, MD of the company discussed the earnings fine print.

  • Growth is back on track; have seen growth volumes: Apollo Hospitals

    Growth is back on track; have seen growth volumes: Apollo Hospitals

    Past two-three quarters have been challenging with demonetisation, goods and services tax (GST), price cap on stents and what not. In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises, spoke about how things are looking right now.

  • Capping knee implants prices at lower rate is feasible: Apollo Hospital

    Capping knee implants prices at lower rate is feasible: Apollo Hospital

    The government has capped prices of orthopedic knee implants at a significantly lower rate than current market rates. In an interview to CNBC-TV18, Suneeta Reddy, Joint MD of Apollo Hospital spoke about the latest happenings in her company and sector.

  • Added 150 beds in Navi Mumbai unit; 100 occupied currently: Apollo Hospitals

    Added 150 beds in Navi Mumbai unit; 100 occupied currently: Apollo Hospitals

    In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises discussed the company's Q1 performance.

  • Will not raise more debt, not looking at acquisition currently: Apollo Hospitals

    Will not raise more debt, not looking at acquisition currently: Apollo Hospitals

    In an interview to CNBC-TV18, Suneeta Reddy, MD of Apollo Hospitals Enterprises spoke about the results and her outlook for the company.

  • Apollo Hospitals upbeat on Q4; sees EBITDA margins around 12%

    Apollo Hospitals upbeat on Q4; sees EBITDA margins around 12%

    Apollo Hospitals Chief Financial Officer Krishnan Akhileswaran said the pharmacy business got a boost from demonetisation because people were allowed to use their old notes (Rs 500, Rs 1000).

  • Focus on restructuring to ensure growth of all verticals: Apollo

    Focus on restructuring to ensure growth of all verticals: Apollo

    The company has incubated many businesses and its Chennai cluster saw 2 percent growth this quarter, says Suneeta Reddy, MD , Apollo Hospital.

  • Pharmacy sales to grow at 25%; eye acquisitions: Apollo Hospital

    Pharmacy sales to grow at 25%; eye acquisitions: Apollo Hospital

    Apollo‘s pharmacy business saw a slight rise in margins to 3.6 percent and its private label grew 6.7 percent with higher margins.

  • See pharmacy growing at 25-30% going forward: Apollo Hospitals

    See pharmacy growing at 25-30% going forward: Apollo Hospitals

    Krishnan Akhileswaran, CFO of Apollo Hospitals, says Rs 85 crore worth revenue came from new hospitals and the company saw an 8 percent volume growth in the third quarter.

  • To invest Rs 700 cr capex, add more beds: Apollo Hospital

    To invest Rs 700 cr capex, add more beds: Apollo Hospital

    Suneeta Reddy, MD, Apollo Hospitals said that the hospital chain will increase its bed capacity from current 1,500 to 2,200 beds in the current year.

  • India has price advantage in healthcare: Apollo Hospitals

    India has price advantage in healthcare: Apollo Hospitals

    India also has a clinical advantage, says Preetha Reddy, executive vice-chairperson of Apollo Hospitals. "Our outcomes are as good if not better than some of the developed nations. That is what is attracting people to India," she told CNBC-TV18.

  • Focus on operational efficiency and expansion: Apollo

    Focus on operational efficiency and expansion: Apollo

    In an interview with CNBC-TV18, Preetha Reddy, Executive Vice Chairman of Apollo Hospitals said that the new Navi Mumbai hospital will become functional by year-end or early next year.

  • Plan to add 10,000 beds in 2016-17: Apollo Hospital

    Plan to add 10,000 beds in 2016-17: Apollo Hospital

    Suneeta Reddy, managing director, Apollo Hospital, in an interview with CNBC-TV18, discusses quarterly results and company's plans for FY16.

  • Revenues up 19%, healthcare services growth at 12%: Apollo

    Revenues up 19%, healthcare services growth at 12%: Apollo

    Suneeta Reddy, MD, Apollo Hospitals gives her take on the company‘s performance in the December quarter. She says revenues grew 19 percent, while healthcare services clocked 12 percent growth.

  • Speciality centres 'way of the future': Apollo on Nova deal

    Speciality centres 'way of the future': Apollo on Nova deal

    Explaining the rationale behind the Nova deal, Apollo Joint MD Sangeeta Reddy told CNBC-TV18‘s Nigel D‘Souza and Sumaira Abidi that such short-stay surgery clinics were the “way of the future”.

  • Apollo Hospitals to add 600 beds in three quarters

    Apollo Hospitals to add 600 beds in three quarters

    Margins of the pharmacy business that contributes 30 percent to total volumes improved by 0.1%, said Suneeta Reddy of Apollo Hospitals.

  • Will show robust growth in FY15: Apollo Hospital

    Will show robust growth in FY15: Apollo Hospital

    Same-store growth was 15 percent and our margins improved from 2.7 percent to 3.2 percent because our private label sales had grown to 6 percent and their contribution to the profit has now increased: Apollo Hosp

  • Expect FY14 revenue growth at around 15%: Apollo Hospitals

    Expect FY14 revenue growth at around 15%: Apollo Hospitals

    In an interview to CNBC-TV18, Suneeta Reddy, joint managing director of Apollo Hospitals spoke about the company‘s second quarter performance and road ahead.

  • Telangana or Andhra, conducive biz environment must: Reddy

    Telangana or Andhra, conducive biz environment must: Reddy

    Telangana or Andhra Pradesh, both states would have to ensure conducive business environment for industries Sangita Reddy, MD of Apollo Hospitals said.

  • See higher growth; plan to add 950 beds in 18 mths: Apollo

    See higher growth; plan to add 950 beds in 18 mths: Apollo

    Apollo Hospitals expects growth to pick up in the medium-term after sales fell due to extensive holidays during the quarter. Joint MD Suneeta Reddy adds that the healthcare major plans to add another 950 beds in next 18 months

  • Proton Therapy project to begin by FY18: Apollo Hospital

    Proton Therapy project to begin by FY18: Apollo Hospital

    Apollo Hospital will soon establish a Proton Therapy Center in Tamil Nadu that will augment cancer offering to patients and is likely to be commissioned by FY18, CFO Akhileshwaran Krishnan told CNBC-TV18.

  • To invest Rs 50-60cr in Lifeline buy: Apollo Hospital

    To invest Rs 50-60cr in Lifeline buy: Apollo Hospital

    Apollo Hospital is in talks to take over Lifeline multi-specialty hospital in Old Mahabalipuram Road in Chennai. AK Krishnan, CFO, Apollo Hospital told CNBC-TV18 that there will be around Rs 50-60 crore of total investment going into this. "Our plan is to put this for use over the next three-four months", he added.

  • Bet on execution of larger plans to expand margins: Apollo

    Bet on execution of larger plans to expand margins: Apollo

    Clocking a year-on-year net of Rs 80.6 crore, Reddy expect EBITDA margins to grow at current levels, going forward. She adds that larger plans include increasing the total bed count to 9,100 by end of FY14.

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